UCPB Customer Relations Center (+632) 811-9111   |   crc@ucpb.com   |  

Changes in Tax Rates on Bank Transactions

In line with the Republic Act No. 10963 or the Tax Reform for Acceleration and Inclusion (TRAIN) Act which took effect on January 1, 2018, changes in tax rates imposed on applicable bank transactions shall be applied as follows:

Final Withholding Tax on interest from Foreign Currency Deposits — from 7.5% to 15%
Documentary Stamp Tax on Certificates of Time Deposit — from P1.00 to P1.50 for every P200.00 or fractional part of the value of deposit
Documentary Stamp Tax on all Bank Checks and Drafts — from P1.50 to P3.00 each
Documentary Stamp Tax on other affected bank transactions shall increase by 50% to 100%, depending on the nature of transaction

For your information and guidance.

If you have inquiries or concerns, please visit or call your UCPB branch.

You may also contact our Customer Relations Center at (+632) 811-9111 or crc@ucpb.com.

Date published: January 10, 2018


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Customer Advisories

System Maintenance Schedule: October 20 & 21, 2018 (12mn-3am)

Please be advised that the following electronic banking channels will not be available on October 20, 2018 (Saturday) and October 21, 2018 (Sunday) from 12:01 AM to 3:00 AM: UCPB Connect ATMs Mobile Phone Banking Point-of-Sale (POS) Terminals e-Commerce transactions (online purchases via VISA and Bancnet) CM.Biz Please take note that UCPB Accountholders will not be able to transact using other banks’ ATM. Kindly schedule your transactions before or after the scheduled maintenance. We apologize for the inconvenience this may cause. We are doing this to ensure consistent and improved service delivery for you. Thank you. Read more.

Attention: UCPB Visa Debit EMV Cardholders

Please be advised that cardholders who have not yet activated their UCPB Visa Debit EMV cards will no longer be able to use their cards by December 11, 2018. Activate your card as soon as possible to avoid inconvenience. Read more.

ADVISORY: Local Holidays

Please be advised of the following local holidays and the UCPB branches that will be closed:

Friday, October 19, 2018 – Dumaguete branch (Buglasan Festival – Proclamation No. 600)
Friday, October 26, 2018 – Angeles branch (Tigtigan Terakan Keng Dalan Festival – Proclamation No. 589)

Our ATMs and electronic banking facilities are available even during holidays. Thank you.

Read more.

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